New Europe News 1 month ago

IEA head worried by oil price surge

International Energy Agency (IEA) Executive Director Nobuo Tanaka is worried by the rapid increase in oil prices. Crude oil futures surged to a 2009 high above USD 75 a barrel on 14 October, boosted by optimism about a global economic rebound. Full Article at New Europe News

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  1. Paris - As the world's economies recover more rapidly than forecast from recession, global oil demand is now also expected to rise quickly more than had been foreseen, the International Energy Agency (IEA) said Friday in Paris. Full Article at The Oil Drum

  2. Oil traders are paying more than ever in the options market to protect against a plunge in crude prices. Full Article at People's Daily Online

  3. London: Oil traders are paying more than ever in the options market to protect against a plunge in crude prices. Full Article at livemint.com

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  1. Executive Director of the International Energy Agency, (IEA) Nobuo Tanaka, attends the 30th anniversary Oil & Money conference in central London, on October 20, 2009.
  2. TOYAKO, JAPAN - JULY 9:  Japan's Prime Minister Yasuo Fukuda (R) receives Nobuo Tanaka, Executive Director of the International Energy Agency (IEA) at the G8 Summit July 9, 2008 in Toyako, Hokkaido Island, Japan.
  3. Herve Temime, lawyer of French photographer Francois-Marie Banier, arrives at Nanterre courthouse near Paris December 11, 2009.

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